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The authors developed a data collection instrument that included: the principal investigator, sponsors, grant duration, funds awarded, the school/department receiving the grant, and the name of the grant.
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For tax-free accounts, he uses the BlackRock Low Duration fund and the Pimco Total Return fund.
These programs vary widely in their approaches, including the intensity level, duration, funding, target population, and implementation techniques.
Three- and five-year performance is 10 % and 6, respectively; its biggest competitor for broker attention, the $22 billion (assets) Pimco Low Duration Fund, returned 5% in comparespectivelys.
Some fund managers argue that an investor should not move aggressively into lower-duration funds.
"If rates go up, it will hold up better than some of the longer-duration funds," she predicted.
As for the bond component of the portfolio, "we are getting more defensive and keeping shorter-duration funds," he said.
But recently we increased our stake in foreign bond funds and shorter-duration funds.
Though the low-duration fund has a yield that is half a point lower than that of Total Return, it also has less than half the interest rate risk.
FINANCIAL TIMES DoubleLine Starts Low-Duration Fund | The Los Angeles asset manager DoubleLine Funds Trust has started a new open-ended fund that "invests principally in debt securities," the firm's president and co-founder, Philip Barach, told HedgeCo.net.
If you could be sure that this will happen, you'd make more money with a long-duration fund than a short-duration one.
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